PresentationGreetings, and welcome to the Diversified Energy Company acquisition of Canvas Energy Webcast and Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to turn the call over to Douglas Kris, Senior Vice President, Investor Relations and Corporate Communications. Please go ahead, sir.Douglas KrisSenior Vice President of Investor Relations & Corporate Communications Good morning, Kevin, and thank you, everyone, for joining us today for the ...

 VANCOUVER, British Columbia – TheNewswire - September 9, 2025 – Carrier Connect Data Solutions Inc. (TSX.V:CCDS; OTCQB:CCDSF; WKN: A40XB1) (the “Company” or “Carrier”), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location, announces that it will be presenting at the Emerging Growth & Value Alpha Leaders Conference held by Singular Research on September 10th at 9am EST/6am PST.   CEO Mark Binns will outline Carrier Connect’s progres ...

Diversified Energy Company (NYSE:DEC) M&A Announcement September 09, 2025 08:30 AM ET Company ParticipantsDouglas Kris - SVP, Investor Relations and Corporate CommunicationsBrad Gray - President and CFORusty Hutson - Founder and CEOOperatorGreetings and welcome to the Diversified Energy Company Acquisition of Canvas Energy Webcast and Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. You may be placed into the questi ...

Sooner Synergy E x p a n d i n g L e a d e r s h i p P o s i t i o n i n O k l a h o ma A c q u i s i t i o n o f C a n v a s E n e r g y September 8, 2025 The information contained in this document (the "Presentation") has been prepared by Diversified Energy Company PLC ("Diversified" or the "Company"). This Presentation is for general information purposes only and does not constitute an invitation or inducement to any person to engage in investment activity. While the information contained herein has been ...

Core Viewpoint - Diversified Energy Company is expanding its leadership position in Oklahoma through the acquisition of Canvas Energy for approximately $550 million, which is expected to enhance its financial performance significantly by increasing adjusted EBITDA and free cash flow [1][2][5]. Transaction Highlights - The acquisition will add approximately 23 high-quality wells and complementary operated producing properties in Oklahoma, leading to an estimated 18% increase in adjusted EBITDA and a 29% increase in free cash flow [1][5]. - The current production levels for Diversified and Canvas are approximately 1,135 MMcfe/d and 147 MMcfe/d, respectively, with a commodity mix of 73% natural gas for Diversified and 43% for Canvas [4]. - The acquisition is expected to close in the fourth quarter of 2025 and will be funded through a combination of cash, asset-backed securitization, and the issuance of approximately 3.4 million shares to the seller [5][7]. Financial Metrics - The estimated NTM adjusted EBITDA for Canvas is approximately $155 million, contributing to a combined estimated adjusted EBITDA of around $850 million for Diversified [4][5]. - The purchase price represents a multiple of approximately 3.5x on NTM EBITDA, with Canvas having a PV-10 of total proved reserves estimated at $1.4 billion [4][5]. Strategic Rationale - The acquisition is expected to create meaningful synergies and operational efficiencies due to significant overlap in Central Oklahoma, with a combined operational footprint of approximately 1.6 million net acres [5][6]. - Diversified's established integration playbook is anticipated to unlock sustainable value through effective integration of the acquired assets [2][6]. Management Commentary - The CEO of Diversified Energy emphasized that this acquisition strengthens the company's footprint in Oklahoma and provides opportunities for margin enhancement and cash flow growth [6].

Summary of Diversified Energy Company (DEC) FY Conference Call Company Overview - **Company Name**: Diversified Energy Company (DEC) - **Ticker**: DEC - **Market Capitalization**: Approximately $1.3 billion [4] - **Enterprise Value**: Approximately $3.6 billion [4] - **Production**: Approximately 1.2 Bcfe per day of natural gas, equivalent to just under 200 MBOEs daily [5] Core Business Model - Focus on optimizing free cash flow through strategic acquisitions [6] - Operates mature producing assets rather than developing new ones [7] - Significant growth in the Central region (Oklahoma, Texas, Louisiana) with 65% of production from this area [8] - Recent acquisition of Maverick Natural Resources for $1.3 billion, enhancing scale in Oklahoma and entry into the Permian Basin [9] Financial Performance - Achieved over 310% increase in adjusted EBITDA over the past five years [17] - Second quarter production was approximately 1,150 MMcfe per day [17] - Free cash flow generation and steady growth in revenue and adjusted EBITDA [17] - Repurchased approximately $43 million of shares, about 4% of shares outstanding [18] Capital Allocation Strategy - Balanced capital allocation strategy focusing on debt reduction, shareholder returns, and accretive acquisitions [18] - Returned over $2 billion to shareholders through dividends, repurchases, and debt repayments over the past seven years [20] - Guidance for free cash flow generation this year is $420 million, with dividends fixed at $1.01 per share [46] Risk Management - High degree of hedging in commodity prices, approximately 80-85% hedged in the near term [12] - Focus on reducing environmental risks, achieving a 99.5% leak-free status [15][16] - Corporate decline rate is just under 10%, with strategies in place to mitigate this through acquisitions and partnerships [36] Strategic Partnerships - Partnership with The Carlyle Group, which has ring-fenced approximately $2 billion for acquisitions [22] - Carlyle provides both debt and equity financing, allowing DEC to grow its asset base without consolidating debt on its balance sheet [57] Industry Trends and Opportunities - Participation in the growing demand for natural gas, particularly in data centers and LNG markets [24][25] - Incremental revenue generation from capturing coal mine methane, yielding higher prices due to environmental credits [41] - Focus on optimizing existing assets through smarter asset management practices [30] Conclusion - Diversified Energy Company positions itself as a leader in acquiring and optimizing mature producing assets, with a strong focus on cash flow generation and shareholder returns. The strategic partnerships and risk management practices further enhance its growth potential in the evolving energy landscape.

Core Insights - Laurentian Research is a veteran in the resource industry with a Ph.D. in geoscience and extensive investment experience [1] - The Natural Resources Hub aims to help members identify undervalued opportunities in the energy and mining sectors with significant growth potential [1] - The platform offers various resources including weekly newsletters, in-depth analyses, trade alerts, model portfolios, and a community for sharing investment ideas [2][3] Company Overview - The Natural Resources Hub is led by Laurentian Research, focusing on energy and mining sectors [1] - The hub emphasizes finding dividend growth opportunities from long-term growth industries [1] Member Benefits - Members receive weekly newsletters and proprietary analyses to aid in investment decisions [2] - Access to trade alerts and model portfolios is provided to enhance investment strategies [2] - Members benefit from private access to Laurentian Research and a community of fellow investors [2]

Group 1 - The company filed a regulatory document regarding its own share purchase on August 14th, 2025 [1] - The document is available only in French [1] - The attachment includes a declaration of the share buyback dated August 18, 2025 [1]

Core Insights - Amar Family Office and JCDecaux SE announced the purchase of 1.7 million shares of JCDecaux SE at €14.75 per share, reflecting a 0.6% discount from the previous closing price and representing 0.8% of the company's capital [1][2] Company Actions - The share buyback is part of a plan authorized by the Annual General Meeting on May 14, 2025, allowing JCDecaux SE to repurchase up to 10% of its capital, with the acquired shares intended for performance share distribution and potential future M&A financing [2][6] Management Statements - David Amar, Managing Director of Holgespar Luxembourg, expressed confidence in JCDecaux SE's business model and growth strategy, indicating a long-term commitment to increasing their stake [3] - Jean-François Decaux, Chairman and Co-CEO of JCDecaux, welcomed the Amar family as a long-term shareholder, highlighting confidence in the company's growth potential and value creation [3] Key Financial Figures - JCDecaux reported 2024 revenue of €3,935.3 million and H1 2025 revenue of €1,868.3 million [7] - The company operates 1,091,811 advertising panels globally and reaches a daily audience of 850 million people across more than 80 countries [7] - JCDecaux is recognized as the number one outdoor advertising company worldwide, with significant presence in various regions including Europe, Asia-Pacific, Latin America, and Africa [7]

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Diversified Energy Company PLC (DEC), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][5][10]. Group 1: Brokerage Recommendations - Diversified Energy Company PLC has an average brokerage recommendation (ABR) of 1.40, indicating a consensus between Strong Buy and Buy, with 80% of the recommendations being Strong Buy from five brokerage firms [2][5]. - Despite the positive ABR, the article cautions against making investment decisions solely based on this metric, as studies show limited success of brokerage recommendations in predicting stock price increases [5][10]. - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" recommendation, which may mislead investors [6][10]. Group 2: Zacks Rank Comparison - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from Strong Buy to Strong Sell and is based on earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [8][11]. - The Zacks Rank is distinct from the ABR, as it is a quantitative model that reflects timely earnings estimate revisions, while the ABR may not be up-to-date [9][13]. - For Diversified Energy Company PLC, the Zacks Consensus Estimate for the current year remains unchanged at $2.3, leading to a Zacks Rank of 3 (Hold), suggesting caution despite the favorable ABR [14][15].